Bounce back to supply Zone, Zone Confirmation Trendline break Earning: 8/24/2022 Est. -0.01 Short 139 Stop 157 Target 100, 80 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
1. weekly downtrend broken 2. weekly - exhaustion volume followed by some consolidation 3. weekly - bull flag building could look for entries - around the monthy-weekly open level. I'm getting the best read on a weekly chart
Long, looking for a continuation of this cross test of the previous high Short, looking for a failed cross with re-test of previous lows.
The Vortex on a weekly chart is giving a buy Signal as well as the VSA highlight a big Volume on the Downtrend which indicates a squeeze of sellers. Disclaimer : this post is not an investment advice, This is for educational purposes only. I am not a financial advisor.
NYSE:SNOW Double Top Bear Flag on the Daily Rejection of the GZ PT: 160-155 SNOW OCT 21th 175p
Bearish - Double tops - Retest / rejected major S/R - Bear Flag
Daily RSI broke down and closed underneath RSI trendline for the second time. Weekly close back under the 50 on RSI and a break of RSI trendline.
I would wait for a pop to 165 and short it. It has a long way to go down.
Pretty sizeable bear flag setting up on the SNOW daily chart.
Short, looking for a continuation of this bearish cross Long, looking for a fake-cross +double bottom at $165.85
Premium members snagged an entry up at the top here... We are still waiting for a breakout to the downside... Mainly looking to get in and out of this one. media.discordapp.net
below 166 short target 128..trading inside channel
This one straddled the 9/12-9/13 dates since it gapped down, but that gap down seemed to create a perfect long entry
Hello dear Traders, Here is my idea for #SNOW Wait for daily close above the yellow trigger line (previous month high) to enter trade. We try to anticipate a 2-1-2 bullish reversal in the weekly chart and 2-2 bullish reversal in daily Targets marked in the chart (black lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any...
Almost like a huge bear flag but this flag is a bit heavy. Overall trend broadened. At a level of support today even if temporary. If price breaks Channel support line I will re-evaluate. ABC Bearish in this case AB=CD) with a shooting star at D. No recommendation